🚀 go-pugleaf

On Tue, 27 Sep 2005 20:29:46 GMT, "http://www.copvcia.com" <truth@R.us>
wrote:

>On Tue, 27 Sep 2005 20:22:25 GMT, Aratzio <a6ahlyv02@sneakemail.com> wrote:
>
>>Nice rant, Alexa!
>
>[Alan Greenspan has been preparing to step down as the Fed Chairman at the
>end of the year for some time. What does he know that we don�t? �Apres moi,
>le deluge.� Here he is seen frankly admitting to G7 ministers that the
>deficit is out of control. The US economy is a hairsbreadth from
>capitulation, even now as Greenspan continues to quietly warn on the housing
>bubble and rising consumer debt. Woe to those who keep borrowing against
>illusory equity in their homes just to keep up or pay increased energy
>bills. � MCR] 
>
>Greenspan to French finmin: US lost deficit control 
>
>By Paul Carrel 
>September 25, 2005
>http://www.boston.com/news/world/europe/articles/2005/09/25
>/greenspan_to_french_finmin_us_lost_deficit_control/
>
>In accordance with Title 17 U.S.C. Section 107, this material is distributed
>without profit to those who have expressed a prior interest in receiving the
>included information for research and educational purposes.
>
>WASHINGTON (Reuters) - U.S. Federal Reserve Chairman Alan Greenspan told
>France's Finance Minister Thierry Breton the United States has "lost
>control" of its budget deficit, the French minister said on Saturday.
>
>"'We have lost control,' that was his expression," Breton told reporters
>after a bilateral meeting with Greenspan.
>
>"The United States has lost control of their budget at a time when racking
>up deficits has been authorized without any control (from Congress)," Breton
>said.

http://www.costofwar.com/

The price Shell oil was willing to pay to steal what's left of Iraq's oil.

I sure hope Queenie Beatrix is willing to support the US government and it's
economy to keep the SS troops in business in order that they can procure
more oil for the Rothschilds.

If not, there's no one left to protect the British Empire.
>"We were both disappointed that the management of debt is not a political
>priority today," he added.
>
>Ministers from the Group of Seven rich nations on Friday called for vigorous
>action around the world to curb rising imbalances in international trade and
>investment accounts.
>
>A decrease in the U.S. budget deficit were cited by the G7 as one way to
>ease those imbalances. U.S. Treasury Secretary John Snow said the U.S.
>administration was still committed to halving its budget deficit by 2009.
>
>Breton spoke as International Monetary Fund Managing Director Rodrigo Rato
>said U.S. plans to cut its government expenditures now looked ambitious in
>the light of huge reconstruction costs to be borne in the wake of Hurricane
>Katrina.
>
>Breton said: "The situation that is creating tension today on the currency
>market ... is clearly the American deficit."
>
>The United States needed to address its budget deficit, he said, adding: "It
>seems to me that my counterpart John Snow is completely aware of this, he
>wants to harness the problem, but it seems to me he doesn't have the room
>for maneuver."
>
>Breton added that after hearing Greenspan talk about inflation: "One has the
>feeling -- though he didn't say so -- that interest rates will probably
>continue to rise slightly until his departure."
>
>Greenspan is due to step down as Fed chairman in January after 18 years in
>the post.
>
>Asked if G7 finance chiefs would meet as usual in February next year as well
>as gathering for an extraordinary meeting in December this year -- partly to
>pay tribute to Greenspan before his departure -- the French finance chief
>said: "Yes, yes. Next February as well."
>
>He said France was "not against" the idea of enlarging the Group of Seven, a
>notion that has gained impetus at these meetings. 
>
>� Copyright 2005 The New York Times Company 
>